Ministry of Corporate Affairs has amended the Companies (Appointment and Qualification of Directors) Rules, 2014 vide the Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020 wherein the last date to enter details details in Independent Director’s data bank by existing independent directors has been extended up to September 30, 2020.
Given the current pandemic, this move of relaxation in regulatory norms is a positive move for the companies.
The Arbitration and Conciliation (Amendment) Bill, 2019
India aims to be a jurisdiction that is arbitration-friendly and the introduction of the Arbitration and Conciliation (Amendment) Bill, 2019 in the Rajya Sabha has